Costs that change with the level of production are called variable costs.
What are variable costs?These are the costs that vary according to the factors of production, that is, when production increases, costs increase, and when production decreases, costs also decrease.
Therefore, Tolia Company has variable costs those related to direct labor and the costs it pays for products sold.
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Argentina can produce 150 pounds of beef or 20 cars; in contrast the United States can produce 90 pounds of beef or 80 cars. Which country has the absolute advantage in producing beef
"Argentina can produce 150 pounds of beef or 20.... "The absolute advantage in producing beef is Argentina. Option A. This is further explained below.
What is Argentina?Generally, Officially known as the Republic of Argentina, Argentina is located in southern South America.
In conclusion, In other words, "Argentina can produce 150 pounds of meat or 20.... " Argentina has a decisive edge in the global beef market. First, let's look at Choice A.
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hen a board of directors determines a specific profit goal, marketing managers usually implement a(n) Blank______ objective.
When a board of directors determines a selected profit goal, advertising managers commonly enforce a target return objective.
Target return Objective-
The goal return objective is to offer sufficient spending cash and hold the value of the portfolio after taking into consideration taxes and inflation.
The target return goal matters as it determines how the target return is calculated. Some people, which includes retirees, live on profits from their investment portfolios. A target return is actually the charge of return on an investment that a person or enterprise desires to earn. People have distinctive motives or goals in thoughts once they select to apply target returns as an investment tool. The target return goal matters as it determines how the target return is calculated.
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Cost-volume-profit analysis can be extended to determine the effect on profit of other changes, such as ______.
Cost-volume-profit analysis can be extended to determine the effect on profit of other changes, such as changes in Income Tax rates.
What is Cost-volume-profit analysis?An approach to determining how changes in variable and fixed expenses impact a company's profit is through cost-volume-profit (CVP) analysis.
Companies can utilize CVP to determine how many units they must sell to attain a specific minimum profit margin or break even (pay all expenditures).
CVP analysis makes a number of presumptions, among them the constancy of the sales price, fixed costs, and variable costs per unit.
[tex]Breakeven Sales Volume= \frac{FC}{CM}[/tex]
where:
FC=Fixed costs
CM=Contribution margin=Sales−Variable Costs
Simply add a goal profit per unit to the fixed-cost part of the calculation and use it to calculate a company's target sales volume.
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Firms use cost data to make decisions about how many units to produce based on their ___________ costs. Increasing production may not always lead to an increase in profit. Increasing production will cause a firm’s _________ costs to increase, which could outweigh any benefits that were previously gained by lowering their overhead—which is determined by their ________- costs in the short run.
Fixed and Variable costs.
The reason firms do not always increase their production is based on the following factors:
1. Fixed and Variable costs: The fixed and variable costs are used to decide the number of goods to produce.
2. Average Fixed costs: When a firm increases its production, the average fixed costs may increase.
3. Fixed costs: The overhead cost is the fixed costs in the short run.
Thus, each of the three blanks is filled with the correct answer. Note that the every business entity incurs both fixed and variable costs.
In order to maximize profit, the firm should produce where its marginal revenue and marginal cost are equal. The firm's marginal cost of production is $20 for each unit. When the firm produces 4 units, its marginal revenue is $20. Thus, the firm should produce 4 units of output.
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What word does this caution,lookout,danger
is the signal word used for more sever hazards.
Answer:
danger is used for the most severe hazards
Explanation:
The combination of advertising, personal selling, public relations, and sales promotion activities traditionally used by an organization represents its: Group of answer choices marketing communications system. marketing mix. public relations package. promotion mix.
Promotion mix
What is Promotion mix?By using the goal rate of return on investment, or what the company anticipates from the venture's investments, the firm sets the price for a product or service. The rate of return pricing helps the business generate the necessary amount of profit to keep its liquidity. The price is set so that if sales continue to grow at the rate they are now, the ultimate objective of creating corporate profit is achieved.
What is the objective of Promotion mix? To inform potential customers about the features, availability, and applications of items.To increase demand, clients' awareness and interest must be raised.To set a product apart from rival products by fostering brand loyalty. To maintain sales by emphasizing the usefulness of the product.Promotion has often been the target of criticism. Some opine that “promotion contributes nothing to society”, and for some others “promotion forces consumers to buy products they cannot afford and do not need”, and so on. It may be true that promotion can certainly be criticized on many of its aggressive and compelling factors. But it should also be recognized that it plays a crucial role in modern society, particularly in business, economic and social spheres of influence.
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Marketing Environment
Exercise #4
The personal computer market is very competitive and is influenced by many internal and external factors. Some of the uncontrollable factors that influence the personal computer market include: political, economical, social and technological factors that can have an impact on the organizations strategy.
Exercise:
List below the P.E.S.T. factors that could influence the MJA, Inc. marketing strategy:
Political
1.
2.
3.
Economical
1.
2.
3.
Social
1.
2.
3.
Technological
1.
2.
3.
The Marketing Analysis that has been carried out below is known by the acronym P.E.S.T.
What is P.E.S.T?In marketing, P.E.S.T is the name given to marketing analysis that examines factors that can affect the market performance of a company. They are:
Political
1. Government policies of the local country
2. Government policies of the foreign markets
3. Relationship of the government with countries that produce Rare Earth Minerals used for the production of laptops
Economical
1. Increase in aggregate demand
2. Foreign Exchange conditions
3. Employment/Unemployment
Social
1. Trends that are associated with the use of Personal Computers
2. The need for people to work anywhere and remotely thus making laptops more preferable
3. The demand for lighter and energy-efficient computing
Technological
1. discovery of new technologies by competition
2. demand for integrated computing and leisure
3. demand for more powerful computing.
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If the liabilities of a business increased $89,000 during a period of time and the equity in the business decreased $37,000 during the same period, the assets of the business must have:
The assets of the business must have Increased by $52,000.
Asset calculationAssets = Liabilities + Equity
Change in Assets = Change in Liabilities + Change in Equity
Change in Assets = +$89,000 - $37,000
Change in Assets = Increase of $52,000
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You're on a social media team for a outdoors brand called Appalachia. They've decided to revitalize their Pinterest account and see if they can engage customers there. What ways might you bring inbound marketing into the content creation process for this channel
Inbound marketing is the process of coordinating and facilitating potential customers to find a particular company.
An outdoor brand called Appalachia can revitalize its Pinterest account and engage its customers on the platform by streamlining content creation:
Inbound marketing emphasizes building enduring and dependable relationships with your customers and attracting newer customers in an organic way. Inbound marketing works according to three principles: attract, engage, and delight. The company and its social media team would not only involve themselves in revitalizing their Pinterest account by making it more appealing and attractive to potential customers. It should be equally invested in engaging with the customers through the process of content creation. This could mean presenting insights into ways in which the customer chooses to buy from the company and prioritizes the particular company over other options. Product promotions are one way in which, using multimedia channels coupled with regular posting on the platform, customers can be attracted and engaged with. Content creation tools like trends, hashtags, social media marketing, and streamlined posts can be utilized for this objective.Therefore, inbound marketing can greatly benefit from a streamlined content creation process that attracts and engages a sustained customer base of a company.
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Arthur does not like change. He thinks the cell phone he currently owns is just fine even though it doesn't have all the features of new phones on the market. Arthur hopes that he doesn't lose this phone because the company doesn't make this style anymore and he doesn't want to get anything different. What type of adopter is Arthur
Vail Mountain Resort in Vail, Colorado, is a world-class ski destination. Vanessa is a newly-hired manager of digital media and electronic marketing for Vail. Vanessa remembers reading about a new trend in video marketing, using _________ to engage and create a community of customers.
Vanessa remembered reading about a new trend in video marketing, using amateur filmmakers to engage and create a community of customers.
What is video marketing?Video marketing can be defined as the process of developing promotional techniques and sales strategies by using multimedia resources, so as to enhance the sales of goods and services that meet the needs of the customers or end users.
In this context, we can infer and logically deduce that Vanessa remembered reading about a new trend in video marketing, using amateur filmmakers to engage and create a community of customers.
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The cost object of the cost assignment under the plantwide overhead rate method is the?
The cost object of the cost assignment under the plantwide overhead rate method is the unit of product.
Cost assignment is the allocation of costs to the activity or object that caused the costs to occur. This concept is commonly used in activity-based costing due to actions that cause overhead costs. Cost allocation is based on one or more cost factors.
Cost assignment is a subprocess of cost allocation, that is, the overall process for determining the total cost per cost unit. Cost allocation includes both cost tracking and cost allocation. Cost tracking involves searching for direct costs for cost objects, and cost allocation is related to the indirect cost burden.
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Stockholders of a corporation directly elect the president of the corporation. all of the employees of the corporation. the board of directors. the treasurer of the corporation.
Answer is board of directors.
As the business is involved in a variety of management activity, it requires a clear structure and a proper lobby of managers who can manage the organization and its numerous duties.
A stockholder is a corporation shareholder or a person who owns at least one share of an organization's capital stock. Stockholders are the majority of the company's owners, and they often obtain the company's success in the form of increasing stock worth.
The president of a corporation is directly elected by the firm's stockholders.
Therefore, the answer is Board of directors.
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Teri is good at coordinating the group project tasks and enjoys setting up agendas and taking the minutes at meetings. She doesn't miss deadlines and doesn't understand procrastination. Teri is likely a
The correct answer is Judger
People with a high evaluation of the personality aspect of Meyer Briggs tend to prefer organizing not only in the external world (environment) but also in the internal (thinking process). In the above scenario, Teri likes to coordinate projects, plan agendas, enjoy meetings, and at the same time like to organize work, as evidenced by his dislike of procrastination.
Judges take a structured approach to life and plan to accomplish their tasks in a predictable way. Perceivers, on the other hand, tend to feel structurally constrained because they prefer to keep their choices open and spend time investigating problems when they occur.
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You worked at one pharmacy in which every member of the team was invited to contribute ideas for improvement. At another, people were simply expected to follow orders and procedures. Based on the theory of personal causation, people in the first example were treated as _____ and people in the second were treated as ______.
You worked at one pharmacy in which every member of the team was invited to contribute ideas for improvement. At another, people were simply expected to follow orders and procedures. Based on the theory of personal causation, people in the first example were treated as origins and people in the second were treated as pawns .
By sharing information only with opinion leaders who will convey the information with their constituents.Using the six guiding principles of CERC, you may assist your organization and your community in getting ready for, responding to, and recovering from an emergency. Be first, right, credible, empathetic, encourage action, and respectful.
Why is medical science difficult to cover effectively in the media?
Unusual health occurrences are frequently overshadowed by coverage of routine issues like vaccines or mild diseases.Physicians will make recommendations and provide advice to patients they have not examined.Learn more about medical science brainly.com/question/17232534
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Sara, a production manager, sees that production was down during the overnight shift in her aluminum casting facility. She immediately confronts Lee, the night supervisor, because she feels he is to blame. After reprimanding Lee, she sees that she set up the orders for the previous night improperly. She immediately tells Lee and the plant manager that she was to blame for the lack of production and explains what happened. Which leadership attribute did Sara display
When Sara see that production was down during the overnight shift in her aluminium casting facility, she immediately confronts Lee, the night supervisor and when she sees that she set up the orders for the previous night improperly. She immediately tells Lee and the plant manager that she was to blame for the lack of production and explains what happened. This showed "maturity" of Sara.
What is maturity?Being completely developed or an adult is the condition of maturity.
Business maturity is defined as the degree to which existing systems are used effectively, how consistently processes and procedures are followed, and how employees grow within the organization to deliver exceptional service. throughout the enterprise, patient care.
The importance of maturity in life:
A person's ability to really commit to a relationship for life and comprehend that commitment entails forgoing all other partner options depends on their level of maturity. This in turn establishes the degree of dependability and trust that exist in a relationship.Maturity grows primarily through interactions with others or, if you're a very reflective person, by deliberately correcting problematic behaviours, aside from physical maturity, which people have little to no control over, and intellectual maturity, which is taught in school.Therefore, managers who are mature are better able to control their emotions, refrain from being selfish, and own up to their mistakes.
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If you were modeling the impact of the introduction of computer automation into manufacturing on a production possibilities frontier (PPF) with two manufactured goods on their respective axes, it would be more likely that the result would be ________.
If you were modeling the impact of the introduction of computer automation into manufacturing on a production possibilities frontier (PPF) with two manufactured goods on their respective axes, it would be more likely that the result would be "generalized growth with the production possibilities frontier (PPF) moving both up and down".
What is production possibilities frontier (PPF)?The production possibility frontier (PPF) is a curve used in business analysis to show the potential output of two items that use the same limited resource in their production.PPF also plays a crucial role in economics as it is used to demonstrate the point that any nation's economy reaches its greatest level of efficiency when it produces only what it is best qualified to produce and trades with other nations for the rest of what it needs.The PPF, in macroeconomics, is a set of locations where a nation's economy is most effectively allocating its resources to create the greatest number of commodities. The country can only produce more of one good if it also produces less of another good if production is on the PPF.Resources are not being utilized to their full potential if the economy is producing less than the amounts predicted by the PPF. In this situation, it is possible to produce more of some products without reducing output in other sectors.Know more about production possibilities frontier (PPF) https://brainly.com/question/17581360
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A portfolio is: any security that is equally as risky as the overall market. a single risky security. any new issue of stock. a group of assets held by an investor. an investment in a risk-free securit
A portfolio is a group of assets held by an investor .
A system in which two or more parties exchange goods, services, and information is called a market. Ideally, the market is where more than one party is involved in buying and selling.
The two parties involved in a transaction are called the seller and the buyer.
Sellers sell goods and services to buyers for money. A market needs multiple buyers and sellers to be competitive.
Monopoly-A monopoly is a market with a single seller and many buyers. In this situation, the seller has no competition and monopoly and has complete control over the product or service.
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One of your associates continues to make the same mistake when stocking shelves you have provided him with this feedback multiple times but the mistake keeps occurring what would you be most and likely to do?
Answer:
Likely, I would approach the associate to review the problem. I would probably start by demonstrating how I'd like the shelves to be stocked. Then ask if the associate has any further questions. Sometimes things get lost in translation, and the best way to clear up a situation is to demonstrate how it should be done.
Explanation:
One of your associates continues to make the same mistake when stocking shelves you have provided him with this feedback multiple times. I would maintain open communication, provide ongoing support and monitor progress closely to ensure positive development and success.
If an associate continues to make the same mistake despite repeated feedback, I would have a direct and private conversation with the associate to understand the reasons behind the ongoing errors. I would offer additional training or resources to address any gaps in their understanding or skills.
If the issue persists, I might consider implementing a performance improvement plan with clear expectations and a timeline for improvement. In some cases, reassignment to a different role might be explored if it aligns with the associate's strengths.
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Rapid Canoes, Inc. is expanding its rafting operations to add a Mountain West Division and has appointed John Sky as a vice president and manager of the new division. Mr Sky will have the authority to make decisions about locations and equipment requirements up to $150,000. In addition, he is responsible for the profit of the division. Mr. Sky's division level responsibility will be treated as a(n) ______ center.
Mr. Sky's division level responsibility will be treated as a(n) investment center.
Who is a manager?A manager is a professional who leads an organization and oversees a team of people. Managers are frequently in charge of a specific department inside their firm. There are various types of managers, but they all have responsibilities such as conducting performance reviews and making decisions.Who is a vice president?A company's vice president is often the second or third in command and assists the president by supervising internal operations and filling in when the president is unavailable. A vice president is a company's top-level supervisor who supervises department managers.Therefore, Mr. Sky's division level responsibility will be treated as a(n) investment center.
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The CEO of Starbucks earns the equivalent of $13,458 per hour. That wage is 1,583 times higher than that of a barista who earns between $7.50 and $9.50 per hour. ____________ explain the unequal wages as justified by the need to attract the most skilled and talented to the job of CEO.
Functionalists explain the unequal wages as justified by the need to attract the most skilled and talented to the job of CEO.
What are Functionalists?The philosophy of functionalism holds that what makes anything a thought, desire, pain (or any other sort of mental experience) is determined entirely by its function, or the role it plays, in the cognitive system of which it is a member.Each facet of society, according to the functionalist approach of sociology, is interrelated and contributes to the stability and functioning of society as a whole.According to functionalists, differential pay is justified by the need to attract the most experienced and talented CEOs.For example, the government provides education for the family's children, who in turn pay taxes on which the state depends to function.As the definition states that functionalists, differential pay is justified by the need to attract the most experienced and talented CEOs.
Therefore, functionalists explain the unequal wages as justified by the need to attract the most skilled and talented to the job of CEO.
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If a company is using the indirect method to prepare the statement of cash flows, a decrease in the inventory account should be reported as: Multiple Choice An increase in cash flows from investing activities. An increase in cash flows from financing activities. A decrease in cash flows from operating activities. A decrease in cash flows from investing activities. An increase in cash flows from operating activities.
When the company uses the indirect method to prepare the statement of cash flows, a decrease in the inventory account should be reported as; "A decrease in cash flows from operating activities".
What is indirect method for preparing cash flow?The statement of cash flows for the indirect method starts with net income or loss and then adds or subtracts from that amount non-cash revenue and expense elements to arrive at cash flow from operating activities.
The use of indirect method of cash flows:
Due to the fact that accrual accounting offers a more accurate representation of the ebbs and flows of business activity, the majority of organizations choose to record the cash flow statement using the indirect method. The indirect method also shows to be less complicated in terms of reporting.The advantages of indirect cash flow is-
The ability to reconcile net income and cash flows is one of the primary benefits of the indirect method of cash flows. The indirect technique is a straightforward way to create the statement of cash flows and aids users of financial statements in understanding the various connections between financial statements.To know more about the case flow, here
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A company's ability to marshal adequate resources in support of new strategic initiatives and steer them to the appropriate organizational units is important to the strategy execution process because
A company's ability to marshal adequate resources in support of new strategic initiatives and steer them to the appropriate organizational units is important to the strategy execution process because changes in strategy often require resource reallocation, and organizational units need the proper funding to carry out their part of the strategic plan effectively and efficiently.
What are strategic initiatives?The means through which a company puts its objectives and visions into action are known as strategic initiatives. Companies need to deliberately develop a portfolio of strategic projects if they want to stay ahead of the competition.
An effective strategic initiative is made up of five steps:
Aim high. You must be aware of what you're starting before you begin.Establish goals. As previously mentioned, objectives are definite, quantifiable, and reasonable long-term goals.Decide on a strategy.Create a plan, then carry it out.To know more about strategic initiative refer to: https://brainly.com/question/27897860
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Changes in variables, such as income, cost of living, interest rates, and savings and borrowing patterns most likely reflect changes in the ________ environment of a company.
The correct answer is Economic.
Types of environment for a company include:
The economic environmentThe Demographic environmentThe Political environmentThe Cultural environmentThe economic environment of a company includes factors like Income, cost of living, interest rates, and savings & borrowing
The Demographic environment of a company includes factors like Age, race, and gender.
The Political environment of a company includes factors like Government, legislation, and regulations.
The Cultural environment of a company includes factors like Lifestyle, customs, traditions etc.
Hence, Changes in variables, such as income, cost of living, interest rates, and savings & borrowing patterns most likely reflect changes in the economic environment of a company.
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Suppose that consumers decide to walk to work more frequently and drive cars less. Companies that make walking shoes hire workers, while automobile companies lay off workers. This is an example of
It is an example of frictional unemployment created by sectoral shifts.
Frictional unemployment results from the voluntary changes in employment within a particular economy. Frictional unemployment is a certainty, even in the growing and stable economy. Frictional unemployment is generally used to describe both newly hired workers and those who have decided to leave their existing positions in the pursuit of new ones.
There is always some frictional unemployment in the economy. It is a component of the natural unemployment, the slowest pace of unemployment in an economy is due to economic considerations and the labor mobility, and it has an impact on the employment situation as a whole.
Therefore, the answer is the frictional unemployment that is created by sectoral shifts.
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In state court, an employee was tried and convicted of embezzling funds from her employer. Pursuant to the criminal statute, the employee was ordered to make restitution of the embezzled funds, but not otherwise subjected to imprisonment or a fine for her conduct, even though both were statutorily permitted. The employee successfully appealed her conviction due to improperly admitted evidence. Upon retrial, the employee was again found guilty. In addition to ordering the defendant to make restitution, the judge, commenting that she had wasted valuable judicial resources by appealing her prior conviction, also fined her $50,000. On appeal, the employee contends that her punishment was unconstitutional. Should the appellate court vacate her sentence
In the given case, the employee contented that her punishment was unconstitutional. In such situation; Yes, the appellate court should vacate her sentence because "the imposition of a fine violated the Due Process Clause of the Fourteenth Amendment".
What is Due Process Clause?Prior to taking away someone's "life, liberty, or property," the government must provide "due process of law," according to the Due Process Clause. Alternatively said, the Clause only mandates that the government adhere to; it does not forbid the government from denying someone of "substantive" rights like life, liberty, or property.
Reason for the violation of due process clause is-
When a conviction is successfully appealed, the Due Process Clause forbids the imposition of a harsher punishment upon retrial of the defendant in cases where the harsher term would punish the defendant for exercising her right to do so.Here, the court imposed a stiffer penalty in revenge for the defendant exercising her right to appeal, not because of the defendant's own actions, such as subsequent illegal behaviour.To know more about the the due process clauses in the Fifth and Fourteenth amendments, here
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What is the expected return on the portfolio where 50 percent of your money is invested in a risky asset with a return of 19 percent and the balance in a risk free asset that yields 5 percent
The expected return of the portfolio is 12 %
The expected return is the weighted average return of the constituent of the portfolio.
E[R] = W1 * R1 + W2 * R2 + ..... Wn * Rn
For this question,
E[R] = (50% * 19%) + (50% * 5%)
E[R] = 9.5% + 2.5%
E[R] = 12% --> Expected return of portfolio.
The expected return is calculated by multiplying the weight of each asset by its expected return. Then add the values for each investment to get the total expected return for your portfolio.
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Patricia was shopping for a new pair of sneakers. Although it would have been nice to take the shoes home immediately after purchasing them, she was willing to trade off immediate availability because she found that she could purchase the shoes online for a 50 percent discount. This is an example of using a.
"Percent".
From the bottom of the hierarchy upwards, the needs are: physiological (food and clothing), safety (job security), love and belonging needs (friendship), esteem, and self-actualization. Needs lower down in the hierarchy must be satisfied before individuals can attend to needs higher up.
They identified five types of risk: (1) financial, (2) performance, (3) physical, (4) psychological, and (5) social.
The purchase can have serious personal consequences. The purchase could reflect one's social image.
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Two Scoops uses the information to track cash, sales revenue, and expenses daily. How does this type of accounting system facilitate effective decision making
Two Scoops uses the information to track cash, sales revenue, and expenses daily. This type of accounting system facilitate effective decision making by the following ways.
What is accounting system?An accounting system is a collection of accounting operations with built-in controls.
Effective decision making through given accounting system are-
This strategy would ensure that the business was completely aware of its daily sales and what the counter balance ought to be at any given moment.It would be simple to make business decisions that are in line with the needs of the firm and not just arbitrary decisions based on reality contacts thanks to the data obtained from this procedure being ready to put in to excel sheets and be shown in the form of various charts.Since they are aware that the accounts are regularly audited, store staff would not want to take part in stealing from the cashier.To know more about accounting, here
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Currency that derives its value from the amount printed on it rather than from the value of the paper or metal from which it is made is referred to as ______ money.
Currency that derives its value from the amount printed on it is known as fiat money.
What is fiat money?Fiat money is currency whose value is not backed up by any asset. The value of fiat money is dependent on the amount printed on it. This differs from representative money whose value depends on the value of the metal from which it is made from.
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Answer:
token
Explanation: